Tag Archives: FTSE

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EURUSD-bearish contrarian trading bias.

After a significant surge of Yen-strength to start the year, EUR/JPY has spent much of the time since in varying forms of recovery.

Recent changes in sentiment warn that the current Bitcoin price trend may soon reverse higher despite the fact traders remain net-long.

Sterling-pairs have had a mixed week with GBPUSD breaking through support before starting to reclaim some of its weekly losses.

Gold is carving a monthly opening-range just below Fib resistance and keeps the price breakout vulnerable. Here are the levels that matter on the XAU/USD weekly chart.

The Euro traded lower last week off resistance, next week could bring a thorough test and bounce off support; a break below would be reason to finally gear up for a momentum move.

S&P 500 saw limited follow through above 2700, key support at 2675. Heavy selling in the DAX on at the backend of the week. FTSE MIB on course for 19000.

Technical levels will dictate the depth of price action this week as the New Zealand Central Bank will offer commentary on its Official Cash Rate.

The S&P 500 and Dow put in for tentative but high profile reversals this past week. Amid a steady decline in volatility and volume readings, the early vestiges of a turn will draw greater scrutiny.

Crude remains above the technically significant $50/bbl while traders are watching a bullish chart pattern and a potential larger supply disruption in Venezuela than previously feared that could support price.

A seven-day rally for the Dollar was an impressive stretch through this past week, but it hasn’t put the currency in a position to trigger breakouts or establish trends. What levels and pairs should we watch in the week ahead?

Gold is carving a monthly opening-range just below Fib resistance and keeps the price breakout vulnerable. Here are the levels that matter on the XAU/USD weekly chart.